Requesting the transfer of $153,987 from the Community Preservation Act (CPA) Community Housing Debt Service account to the CPA Community Housing Reserve.

To the Honorable City Council: The Mayor respectfully requests that this Council approve the transfer of $153,987 from the CPA Community Housing Debt Service account (32505-591500-32530) to the CPA Community Housing Reserve (325300) to correct an error in the FY2027 CPA Fund budget, per request by the Community Preservation Committee. Appropriate staff will be available to address any questions you may have. Thank you for your consideration of this item. Respectfully Submitted, Jake Wilson, Mayor